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> Elon Musk stocks take $1.5 trillion hit with fresh test in SpaceX lockup ahead

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Dotty Dotterson
#1 Yesterday 19:17:46

Elon Musk stocks take $1.5 trillion hit with fresh test in SpaceX lockup ahead

nelson

It’s been a rough month for Elon Musk, if there is such a thing for the world’s richest man.

SpaceX and Tesla have erased a cumulative $1.5 trillion in market cap since mid-June, after an almost 50% sell-off in SpaceX since its high and an 18% drop in Tesla since earnings last week.

It might get even crazier next week, based on options pricing around SpaceX’s earnings report on Tuesday, and the end of the lockup period for SpaceX insiders two days after.

https://www.cnbc.com/2026/07/28/elon-mu … ahead.html [Highly Credible Source (Liberal)]

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VP_Spiro_T_Cheney
#2 Yesterday 19:39:20

Re: Elon Musk stocks take $1.5 trillion hit with fresh test in SpaceX lockup ahead

When Trump grifted the fuq out of his slackjaw idiot followers with his worthless stocks and crypto he converted as much as possible into cash and real assets (at least until his dumbfuq kids bought $600M of Bitcoin at the top of the market).

Elmo, on the other hand, still has 95% of his wealth tied up in his shytty bubble stock.

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Spanky
#3 Yesterday 20:57:20

Re: Elon Musk stocks take $1.5 trillion hit with fresh test in SpaceX lockup ahead

Am I rich yet?

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